The New York herald., 1874-12-11
Total uoI
JOHN N. UNDERHILL, Examining Accountant
MEETING OF ERIE DIRECTORS.

MEETING OF ERIE DIRECTORS
A meeting Of the Erie directors was held yester.
day. the proceedings Of which have not been fur
nished for publication. The afternoon papers
contained the following paragraph in this connec-
order restraining President Jewett and the Erie
company from paying notes, and asking l0r re-
Board in regard to the making Of contracts. and
to examine, II necessary, President Jewett before
trial to show what he did with the notes 10 aues-
stance, sta : osner than the drst law oaicer Of the
State sucn proceedings were instituted being
stated in such paragraph inquiry was made OF the
Erie Company as to its correctness at late hour
President Jewett that ne had no knowledge OF
such proceedings. II there is truth in the report
noted, however, that the report Is exceedingly IN
definite.
1t being announced by telegraph from Cleve-
and and Great i western Railway Company, Mr.
ceiver OF the property OF that corporation at
the instance Of the bondnolders, inquiry was made
particulars. 1t was stated in rep.y to such In
quiry that no fuller particulars tnan those con.
u the & sS 70
which the street seemed 70 sacs
receiversnip would have in postponlng the con-
summation OF the lease OF the Atantlc ana Great
as damaging to Erie interests the stock OF the lat
ter was buoyant IN consequence: 1t was learned
on authority that Erie was not otherw involved
A rumor prevaiied on the street during the day
tnat A; 7. Stewart had purcnase&d & the Grand
NEW JERSEY CENTRAL.
The application OF the Central Railroad OF New
Jersey TO have 5,0000 600 OF Its new loan placed on
the list OF the Stock Exchange was yesterday favor
ra Railroad Of New Jersey First c
Bonds" The following statement Of the condition
Of the company ACCOMPANIED Its application No
vember 10 last
OFFICIAL STATEMENT or THE CENTRAL RAILROAD
NEW JERSEY.
Length ns ss trssk nns dar m lsk:
Newark branch double track" " iI2o
Perth Amboy branch, single track la61
Other branches, sdings, &c...... 6lS
Total single track. .2s7ou
Leased roads-Lehgh and usquehanna Railroad. .l2
South Branch Rairoad.. ................ Is
Total. iO
sh fund rom when 70 draw from tme 70 tinc as tne
exeeae eonsSlidated mSrisase ali their Ta.Ircaas.
ton hoases shops ops eaap%ent Of ali sor and ali he sp
n tie Ct q the
asTI ne s. soraase
hs SSna 81 s OF s scn1 a1s
a. S be m n 1873 hs when a U T
bonds will be created from time to time as required
Pavmcnts tor coal interests now appearing as
Steel rails to complete reayns he main tracks 1900,
Coal wharves and new dumping facilities at
Advances ct for new branches, second track, 1c.,
on Lehigh and susquehanna division ooo,0oo
nsw Sa ns bay 10000
snns nne o paran rsRss win
Additional equipment t...................... 5N,OuO
Coupon bonds si,O each, Nos; to blv);. sao0oOo
bonds dated september !, Is74. due July / 1872. In
"nd october p New YORK GUARANTY anu
The toownE eeomcnsed balance sheet shows the con-
don of the company at the beginning OF the present
saDi's sapasd stSsk ssS including bonds assumed IsSs
Other ndebiedaess. 5ssSss
Undivided profits 6nSl0
Total liabilities ss6 Ss7 25s
This was represented by the following assets:-
Railroad and branches owned, being 267 miles
Nsw YORK, Jersey City Port johnson station
reTgysosis aG.'iss ssSns and steamboats, ssSss
sna vi FseSs ea
Cash M R'n and accounts rccevaSc ssSSo
1859 s,si''is Il ss5ssi s5sis is "" ssss1"ss Is
10
ISL. 6,Sl3T9 37O1IN 3I3hX5
1s72.......... II2l7s ITBSO6 2Ss3 0l2
lo73............. Sssl,3i6 4,Y5bs4 4665.782
The Central Pacific Railroad Companys first
mortgage bonds tsan joaquin Valley Brancn):
amounting TO S60o0,000, and the California and
oregon first mortgage bonds, amounting to
SdOO0,00O, principal and interest guaranteed by
the Central Pacific Railroad Company, have been
admitted 10 the regular call OF the New York
Stock Exchange.
The corrected gross earnings OF the Union Paci
nc road for October we're -. l4l. 027 ~.