Morning journal and courier., 1881-12-29
SauruaI a,l0 Gourisr.
Thursday Morning, Dec. %. 1881.
Annual Meeting.

The New Haven and Northampton Rail-
 road-A Handsome Showing. At the annual meeting of the stockholders of the New Haven and Northampton railroad company, to be held on Wednesday, January 4th, 1882, fine exhibit will be made in the annual report to be submitted. showing the condition of it's affairs for the yeak ending September 30th last.
 EARNINGS OF THE RAILROAD. From freight trains sS547s sT4T 70 Passenger trains- sSx9 5s 1s
 s7s1,s14 58 being an increase of $57, 1Os. IS over the earnings of the previous year. Expenses of operating and improving the railroad and ad- ditions to it's property $453, 177.10, being an increase of $6O, 061 .04 over the expenses Of last year. Included in this is the cost of 8 new locomotive No. 21) $9, 115.00, 10 box, 20 fiat and 36 dump cars, built at the shops of the company, $31, ,300.0o; land at South wick and Northampton, $1,075.00; steel rails and joints, SIP, ,846. S5 turn tables, etc, at Northampton and Pennington. $3, 731. %; new iron bridge, $25, ,290.44, and a considera- ble amount for new side tracks at various points on the road. With steel rails laid since September 30th, there is continuous steel track from New Haven to the Troy and Greenfield railroad, and Turner's Falls.
 Five locomotives, passenger cars, 10 box, 20 fiat and 36 dump cars have been added to the rolling stock, and more will be required to accommodate the increasing traffic of the road.
 During the year trains have run ASA, ,774 miles without serious accident or damage, transporting in the cars 356, TIC passengers and AS, 450 tons of merchandise, or 5,6l2,- OO6 passengers and IS, 705, 765 tons of mer- chandise one mile at prices averaging 24 cents per mile for each passenger and cents per mile for each ton of freight.
 Appended are tabular statements and &C., counts and the report of the trustees of the sinking fund of the consolidated bondssshow- ing the financial condition of the company and the results of the business for the past year.
 The northern extension of the road was opened for traffic to North Adams, July 13, 1881, and to Turner's Falls on October 31. The work of ballasting and on the buildings will soon be completed and the extension fin ished.
 Trains are running over the changed tracks in Hamden, thus saving further danger of accidents and liability for damages on the Cheshire turnpike-this latter improvement costing more than was estimated, 1t is be. lieved will vindicate the outlay in decreased expense and increased safety to the trains of 1 the company.
 CONDENSED BALANCE SHEET, SEPTEMBER 50, 1851 Debits-Grading and masonry, S1,5ss. .303.41 bridges s26o O41.I5 superstructures $1 405 762 39 lands and fences $40 2o4 78; passenger and freight tion s291, ,12L3O; engineering, agencies, etc., SILL 71993 property purchased, $536 932 machine shops and Weeid raroad Hamden improvements, $49,178.74- Total construc tiSn S Freight sen ders, s281, 96; machinery in shops, $55. .7953S ssesm am .e n SOoO SnSw s5 P0w on wheels and equipment, S6 ,260, ,4677f Hoyoke and westhelt railroad per cent bends @ 80 OOG IoIyoke and West 281; trustees sinking fund, $37, 300; materials hand ss2 balance due from agents and others $s4 32333; cash, S27, ,e3497. Total $6, ,576 STATS. 1 Credits-Capital stock, $2,460,O0O; first mortgag
 per cent bonds, 100000; consolidated per cent $190o00; extension per cent. bonds $7OO0 O0O0; bill payable. $3I6ooo; coupons maturing Oct l, $62 145 $997217; income and expenditure account, $33S 098. 56. Total. sG,576.s74.73.
 EARNINGS OPERATING EXPENSES.
 Earnings- Freight, s547,747.4o; passengers. $15s, freight cars, S2 59110 wharfage s. 925 22 hoistn s1s5s '''-' e'-''-e 0O-'' s-''-'-' '''--' '''-' l Expenses-salaries and expenses general officers salaries and expenses ne ststpng water s1 l water stations, $1,01550; repairs, roadway an 7O engines and tenders, ss2 25s GA fences s217f77 stations and buildings, S21 2sS. .O1 coal and wood 949, ,4508 82 gratuties and damages, $ 519.9T oil waste $8 l69 70 insurance, $l 63726 total, $453477 10.
 Earnings above expenses S29S 137 43; paid interes on per cent bonds, $91, ,0O0; paid interest pc cent. bonds, S71,970; paid interest convertibl bonds, S11, 400 paid interest Holyoke and West field bonds, S17 6OO H. and W. R. R. share surplu earnings $S 7s262; State, city and town taxes SEQ 09839; total, S220 1.01 balance to income aceoun $77, 2s6 A; to which should be added-interest o Holyoke and Wssttield bonds, 8, 500; dividend o IsIolyoke and Westfeld stock, $500; premium per cent. bonds. S41G00; premium per cen bonds $1O0 old balances charged of, $288 90; mal ing total of $46 30 and leaving balance to fl l, come account of SIPS, ,775.32.
 RECEIPTS AND EXPENDITURES.
 Receipts-Sale of per cent. bonds, $T0O, ,000 i; sal of per cent bonds, $1, eco premium bonds $42 100 increase of bills payable, $lO2 OOO cash han at last report, ST. 83608 accounts due $30 2lS73 il crease October coupons unpaid, ST. 755; interest S6000O, H. W. bonds, s, 500; dividend S20, ,00 H. & W. Stock, $500; accounts charged of, $288 % decrease materials hand s 3211 19 gross earning current year, $751 ,61453 Total, $1 ,662, ,234.4 .43. Expenditures Interest per cent. bonds, $91 0o0 interest per cent consolidated bonds $71 interest per cent convertible bonds, $11 400 il terest bonds and rent H. k w. R. R., S26, ,382. .61 construction northern extension $752 726. .35 COT struction Hamden improvements, $4917S.T4; eigl new passenger cars, S3s, ,355.10; three new locomC tives, 80, ,4s0; paid sinking fund $15 900 account and balances due, STA, .16 paid State and tow taxes, $200 09S.39; operating expenses current yea S453 ATT 10; cash hand to balance $27 s34 97 toa $1 ,662, ,234 43