The New York herald., 1878-03-05
FINANCIAL.

on % sss 81 g. @ @ er
%ss @ It aa
ssS esvps S, sss ss 81 sss se 81 which m Con-
almost entirely In stock OF the Fort Wayne and
Tss ~: S.rssis ": rsss.y.s.s,s .s y,s mia Company
i o a vf.s
burg Cincinnati ans = i.ouls and the Little Miami road
xaadaa su.s toms Q" ON the the
"a n. % t.
The track and equipment OF both your Northwestern and
line. aarns tho year. and
The number tons Of steel laid all the lines
or sns wes, ." rtsss13 Owned controlled or 0persd by
n',,.ss SS Of equipment h.,ns been ouna necessary
ted for mi. parpose under wneh 1000 bo.
were @ delivered dining The Yea: to the r,sDurc Cincinnati
the liabilities thereon As they mature being $4,000
The Tsishs ear eauip%.nt of the r.eurs Fort WAYNE
en wa. made that to authorize The building Of
w r. This asSs hs :s and nsr sS%
lions and ths renewal Of cars destroyed at Pissours
a T aud % to sss s 10
Cancel It's bonds Gearing e%pIsr ss
issue in their place to the Of 81 100000
At the same time. order 20 enable tho rennsylvana
ciai suaransed stock Of the PtsIurr Fort Wayne
Eaerso hs Nws hes BY
hs u % sans stock previously owned BY making ,oxeher
to $4So9@Soo @ depssi. t,s same as collateral security
IT. 70 Ss o IS s to
SIX per cent per annum payable quarterly tbs rcnnsyl-
'Ss ~ e.
5,Ool shares Louisville Bride Company, at
2Sco Shares Littic Miami K.iiroai i;ompany. ~
lsS psh Louis Railway Equip %
ment bonds at rs per cent.............. 14s25O 90
80 Erie ana ana rit.s.nrg oMnilrond Company ,
355 Pittsbnrg, Cincinnati aud ST. Louis Rail-
way Company, consolidated oonos, ut so - -
IlPennsyv.nia Gomnanys hrst mortsagss '"" :"
per cent bonds, at s5 per .......... $3.50 on
Note the Pennsylvsnis Company Of four
months. 2s2,ls7 so
81 ,sa2, 2,s37 80,
As the quarterly interest upon tho special Fort Wayne
stock is $1,000 and the ma xmum interest upon the
bonds ssnS s aps
s s e. the bonds
purpose .Ss ossns 'SsS
the Of a. so %nn
81 ss w be paid ont sa
ns sSss, Ss w Ss e. % e.
suSAAEx Exsr %xp WET 81 BHFfTty TEspue
Gross earnings all lines from traffic 1877 72o 33
dividends. "a OBJ, ,32o 40
showing A'' '''~asi P:EiGnr TRAFFIC. w. ''' $50 %
Number Of Number of Tons
All lines east Of Pttsburs
All lines west Of Prtsburg l4,s7o3s4 1.l59 76l93i
Totals. ..... ............. ss,276oe5 se4o222 $40
PASSENGER TRAFFIC
Number vl Number of Pas
Passengers. songers One Mile.
All lines east of Pttsburg
line, a,sss sv Il.
van Rao.s stsSas tie r suits o. s are
shown e. ths tables to which your attention been
the direct owners,ip Of their stock ss or otherwise
but through largely
traffic revenue OF the main line The principal
~ NoRrHGRN CENTRAL RAILWAY,
the importan. terminal city of Bamors, and extends
with is leased Ines ASii Valley ns,S sna
KIN ana Mount Camel Sha. fsrn.nIsg outlet or
the Northern ''entral Rawss controls. Though
lease ne extension north from Williamson. Elmra and
the Erie and New Ycrk Gent Ssn.ra railways
From ght................ .3.l52.6g2 90
From expresss ........... o921o ~
FROM rom mi miscsilsnoous ......... 164,oas IS
And the operating expenses were:--
For conducting transportation Ss62. .697 63
for %Sia,snSncs - lance Of way...... ... ss4iel 50
Fo- maintenance OF cars. 255.44l 90
For general expenses. 742l5 33
Total. 2,745. .924 81
Leaving earnings 81 1924 1852 "a
In comparison with the 1876 there decrease
In earnings OF $2y3 537 r. equal to 6.S5
There decrease expenses 7S
The increase Ia the net earnings IY6S63 O6
Net earnings shove. 81 ,32 462 "a
Received from d!vidends interest," &c.... 25O,5s4 80
Total. 575 o47 so
Deauct interest all funded
Interest and discount. taxes
&c ,493 6l
Rentals Of leased Iosds and all
charges pertaining thereto. 5o2. .3OS 90
--- 1878. .342 IL
Balance OF income for 1877. S8l. .7O5 10
I'm the LIST day of January 1877 the bonds York
and Cumberland Railroad Company for 5000 600
for the payment OF which provision by
the Northern Central Railway Company by the its
consolidated neral mortgage bonds. These bonds
purchased by the Penpsy vnnia karoad Company
off maturity Tho Pennsylvania Railroad Company also
purchased an additional amount OF the Northern Central
hallway Company bonds which with the $500
stated in all 81 The proceeds OF this
further applied by the Northern Central
Railway Company 70 the extngush nent Of its bills pay
able, which have been reduced to S376557 ~
IL will be noted thar the income of the Northern
ra hallway Company in 1877 was 81 575O47 so that
the all its bonded ndebt tedness ySiY5fU
steady and decued Improvement effected in the
condition OF this ROAD and Its during
62Y OF steel rails and 239592 placed
track.
The Baltimore and Potomac Railroad furnishes all your
lines with important connection with cap
a ana also extends to Popes Creek upon tne Potomac