The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1891-07-09

bonded debt. si.s10.G9O. cost OF road
equipments, SlJ2,O)l No dividends were
paid during the year. The total earnings
was s5I3,9SS; income from passengers,
1921 800, rom freight, S267 5sj; from other
sources. $4,000: expenditures. S64j, 900
This road carries al immense amount Of
small fruit from the tracts IN South Jer-
sey.
The New York and Greenwood Lake
Company, which runs from Jersey City 70
Greenwood Lake. earned S224, ,46J last year.
The income from passengers was Sl3f,-
740; from freight. sSLf00; from other
sources, s6.324. The expenditures WAS
S214,95L No dividends declared.
LONG BRANCH.
New York aud Long Branch. which
runs from Perth Amboy TO Bay Head
junction. is a distance OF IS niles. II is
operated BY the Central Railroad OF New
Jersey and the Pennsylvania Railroad,
and its earnings is included in this state
ment.
THE NORTHERN.
The Northern Railroad Company of
New Jersey paid in each dividends to the
amount of S37, 500. The cost OF road was
$94s,4e9. The earnings, s37s. Al; from
passengers, s303, 527; from freight, so, ,179;
other sources. 3,764. Expenditures,
$685.. .3l3 IL is equipped and operated by
the New York, Lake Erie and Western
Railroad.
The Paterson, Newark and New York
Railroad runs from Paterson to Newark,
distance of eleven miles. IL received
from passengers S79, ,S47; from freight.
SCI ,2Ss: other sources. $500; a total Of
S146,63S Its expenditures were sSS, 1l3
There were no dividends paid.
The Pennsylvania. PouQnkeepsie and
Boston Railroad Company cuts across
the State, from Slatington Pa, to Camp
bell Hall, n. Y. The road is now being
erected, and so far there has been ex-
pended s., 73e.315. The earnings of the
road were sll4.253 and the expenditures
S234, ,S7Z There has been more freight
than passengers carried. The income
from the former was s90,560. and from
the latter S1g.7l9.
The Raritan River Railroad is not I'm
ished, being operated hy the contractors
under the construction contract.
SOME RURAL ROADS.
The Rockaway Valley Railroad earn
showing deficit of s2.65l. Rocky Hill
Railroad and Transportation earned
So, ,472. and expended s16,25
The Sussex Railroad which runs from
Waterloo to Branchville, a distance of
twenty-nine miles. eafned $50, SOL, and
expended Ss4, ,lO2- There were no diyi-
dends paid.
The Tackerton Railroad Compan y
earned s5l. .lS9 and spent So. .033. The West
Jersey Railroad. which runs TO botn At
lantic CITY and Cape May, received from
passengers, 1923. i55; from freight, S4s2. .234;
from other sources, Sl27, IA. Total earn
ings, 81, ,433, 104; expenditures. S9SS. S27.
The dividends paid were two OF 81 per
cent each on common stOck. in cash. and
two of per cent each on special guaran-
teed stock in cash. The Atlantic City
Railroad Company runs from Camden TO
Atlantic City. Income from all sources,
s794 .592; from passengers. S4S9, "A;
from freight, $500, ,7s2; expenditu res,
$3.50, $50 No dividends.
The Union Transportation Company is
the only co operative road in New Jersey.
1t is run by Burlington and Ocean County
farmers. 1t Is the old Pemberton and
Hightstown Road, which the Pennsyl-
vania Railroad operated ct a loss and
abandoned. II threatened TO depopulate
an important part of Ocean County. SO
the farmers organized and tried their
hand at raiiroading. The first year was
discouracing but matters have improved
so much that they again LEASED the road
for three years The earnings were s69,
254, aud the expenditure so, $50: from
passengers, sS4, 1877. freight, So. 252. They
have spent some money for rolling stock
and stations.