New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-08-17


held among It's assets Dee 81, 1876 so 900.
The Company owns the following area Of coal ana
coal lands:
Coal and surface
surface land Out coal owned, ......-.-...... III
Total acres owned 81
coal lands mining ishtsJ. ''O'f
Total owned and leased. 1920
These coal lands stand charged on the books o. The
company at - sG2522 or 1852 per acre. The commit
tee estimates value $500 per acre, or $l2615-
900.
A. H. Vaudling. superintendent Of the Coal Depart
ent OF the company estimates the amount Of coal upon
the company property De, 222,GG7OO tons on the
companys own lands and ll6,O4SlZO tons on the leased
lands: total. 81 7l2.s20 tons. The committee thinks
this amount wul De- largely increased from lands owned
By the c,mpny. but not yet sufficiently explored to be
included ia an entirely safe estimate.
The company owns II workable min-s, II breakers
and chute buildings. Another shaft and breaker are
nearly completed, which hen finished viii make -
collieries owned by the company.
VALUE OF BUILDINGS. YARDS AND OTHER
PROPERTY.
The cost OF opening mines and Improvements stood
charged on the books Of the company January 1877 at
s23732Gl, although they cost more than double
that sum- "Tnese works cold not be replaced
even at the present cost OF labor FOR less
trau 50 300 900" There are lG miles o.. underground
rails aud - miles wooden emvay; also outside o., bus
connected with mines, there are l94 miles 81 !
si ,a. 9G}Iuilaias' I'M Vhole or in part ncces-
Wv" in eIsr.,s,e,.. also 1891 mine cars and
3 mine locomotive, Ell valued ~ T-o397l. tae horse
and uiur account e. iepreSe tea by 40 horses and J-6
iuiC. ypu.i "a $4,000 The committee Gives srhed-
nle OF the binding, and structures on me company
eda Jnrk adj otlcr necessary sirucrres Botsdale.
Carbonate. MIL Creek and Nha@soale, Which
fis committee values NJ $4,000. The COM
,,rv owns IN PENNSYLVANIA, upOn the line
~ canal o. convenient thereto @.075 acres most ~
acres upou wicn are erected drgdock, - houses.
ofees IL barnes and shops. These aro ai included ~
YORK state upon the Inc Of Irs canal AID
adjacent thereto 6,e63 acres, upon when are
a9d o storchans.. OF timber and reservoir land in
& own go acres valued al cost at s436ss
At Roudou and Kingston Point % Dams 20 acres Opo1
this lstntmed properly are silufu o.s IL oH. -
mes MACHINERY etc. requisite 10 handling 10000
tons OF coal per aunim. lls pfgpery stnp on d Il'
hooks ~ =4Oj,l5 Tie commuters Valuation Is 9oVV'-
OS Te Company also oynes 80 lots IN Brooklyn,
e in Pocne,ter coa yard property valued az $4,000;
in Bnnso does property, Offices etc valued az >iOpe29;
AZ Allegheny, " = farm q" ~ .ere 'aiaed ~ va
Oo0; in Utica, - loi. 81 pf%ygl; a,n
~ fnTm Of AZ acres with house and barn valued at
9GOO0 az schenectady. y. Y, Joint ownership with The
Ii,dson River Railroad Companies IN - acres fer
machine shops, The Company portion Is valued Ut
In ea-Yor CITY the eompanys ONCE, building and
lard cost 1867 e03 OnJ = pay oI tle Du.iIns ne
SiG63i per annLn; that OCCUPIED by me comrany j.
worth an annal fental o, ToOg n.N,iS ,"' Ten +
nei,ses s- 500 and there ia leo s)7 s3l as
maj RENAL or about y per cent upon the Investment.
The committee values tie property az rsUpOO0
The property Of the company ~ Necha~ken. y. j.,
,ssfs II about seventeen acres with 1850 feet front
40 o the Hudson River coal docks whaIyes ETC., two
brc Offices engine house two shops, store house ana
nam Iae whole cost SI,IOOC0O and - valued on
ne hooEs at 2tOi SIS The committees valuation
IA 100000 At Newark there are coal docks
vained M $50 800 At Bridgeport, Conn., The Company's
properly consists OF coal yards aud dock, valued at
S'''0'o CoyDir1oN OF THE CANAL
The Coupany's canal, which is los miles long, was
r lually constructed Tor boats OF thirty capacity
bur has been enlarged that its present capacity IS for
boats OF 40 tons capacity. The tonnage ca
pacity is equal to 100000 gross tons annu-
ally. Tie tonnage IN a single year has been
l+t5g5- tons. 4 moderate estimate OF the yearly
business is 100000 tons The committee passed
Jhe canal from Lddyyiie 10 ElrnEe Whence tney
went bv rail % PhVspOr, TO avoid the six locks which
occur within as many miles From Phlhpsport they
by the canal 10 Fort JerN mus pass ns over uty
four miles OF the l0- miles % the canal Tile canal IL
SELF" theY say, appeared 10 be ~ excellent condition
It's banks rm the masonry NJ most J tue locks harsNe
substantial and Will two OF three exceptions an OF
toe locks IA good order Ihe bridges ana structures WISH
ibe nom the c1nal scented 10 ne III -9od repair.
The equipment Of thc canal at me close OF the last
boats. fgeizhne boats 10 oArges, wfecAlng boats
propeller dredging machine aud scoNs The tota val
IL
fgi ~ mon which there due TIE Company from
chafi boatmcn 7356l2 coiectabe IN ireights earned.
TIE COMPA NY's RAILWAY OPERATIONS.
The coiol any OPP sos miles Of railroad OF which
1851 million are owned by it, and 529l2 miles leased
ar r ptJe contract OF the portion owned by the Com
pany 50 miles repre- ent the gravity road " tom
sistng OF q Eight bsck" OF 30 miles ana loaded
track" OF y miles. and 7Jhs miles, the locomotive
road largest ines consist of the Albany and susue-
haupa Ii2 miles. the Duanesbarg 10 miles, the Rensse-
laer and saratoga Isl miles. and the NewYOrk and Can
AHA Railroad l49 miles The capital and bonded debts Of
the respective leased roads the date OF lease and
present date are stated IA follows:
ALBANY AND sUsQUEnASNA
1910. Jan I. 1877
Stock 1880 100 S35OO, 600
Bonds - ffoo'oep orosO,oho
Total 100000 s9540.Ooo
Upon the above the Delaware and Hudson Company pays
yer cent per annum
HxSss LAzR sARAroaA
May l. March 81
1871. lSId
stock 50 100000 .s57629
Bonds ACKNOWLEDGEMENTS 3,0oO.OOO 2,0ouOOt
oS.,...a -sa az,