Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1892-01-07
Reports of the Railroads.
THE COMMISSIONERS OUT WITH THEIR AN
NUAL BUDGET

The New York, Bridgeport and East
ern railroad was reorganized on jan
uary 8 last, but nothing whatever has
been done in the way of construction
The total amount of capital stock now
issued by all the roads is SIC, 286, 430 or
$119, 1857 less than in 1890. The strike of
the Stamford and New Canaan and the
Watertown and Waterbury roads have
been wiped out, the first by union with the
Consolidated and the second by foreclosure.
This is counterbalanced in part by the
place of the New Canaan and 81 500 by the
Connecticut Western.
The total Indebtedness shows an increase
of 81, 269, 735. 45, amounting now to $45,-
803, 1853. 81. OF this amount the funded
debt constitutes $50, Ole, 935. SO, an increase
of $3.50, $40, and the current liabilities &c.,
1872, 522.43, an increase of So, 725, 1886. 45.
The increase in the bonded debt is made
principally by $500, 910 for the New York
and New England and $4,000 for the
Hartford and Connecticut Western; and
the increase in current liabilities having
been chiefly $210, 474.67 for the Central
for the Housatonic, $115, 40S.94 for the
Meriden, Waterbury and Connecticut
River, $685., 611. Is for the New York and
New England, and 81, 1915, 951 80 for the
New York, New Haven and Hartford.
The total amount of stock issued aver
ages $40, 817.04 per mile of road, the small
est amount being $6,963.79 for the Col
chester Railway company, and the largest,
$125 1856. "a for the New York, New Haven
and Hartford. The stock issued per mile
of single track, not including sidings,
averages $38, 031.93.
The gross earnings show gain of
010 OF oponrnfinry
in the whole to $23, 4O1, 771.25. Of this
sum, the passenger revenue amounted to
| SO $40, 249 90, and the freight revenue to
| $11 1888, 1916, miscellaneous earnings
making up the remainder. The passenger
revenue averaged $6,907.51 per mile of
| road, and one dollar twenty one cents and
one mill per mile run. The freight revenue
averaged 1856. 95 per mile of road, and
one dollar eighty -four cents and six mills
per mile run.
The operating expenses amounted to
SIG, 091 ,932, an increase of $50 per cent.
| over the previous year. The net earnings
| show falling off of sos, 1858, or 1.45 per
| cent. less than last year. The total net
| earnings amounted to $685. Ala. Thir-
teen CON panies paid dividends, an aver
age of 7.S9 per cent on the $43, 400, 600 of
| stock, on which dividends were paid, but
there WAS $26, 700, 430 of stock, principally
/ OF tu0 COIuInOu SGOCk VI Guo NOW Eukihuu
| and the Boston and New York Air line,
| which earned no revenue.
During the year 81 1857, 344 passengers
| were carried, an increase of 315, 895 or sos
per cent. The freight carried amounted
| to II ,032, 1881 tons, and increase Of 81 128,
| 654 or 11.4O per cent
| No passengers were killed during the
| year except by their own negligence. The
| total number injured was moro than usu-
| al, amounting to SO, of which 8 were in
jured fatally by jumping from moving
| trains.
The law in regard to restricting work
and the running of trains on Sunday has
| been generally observed. The roads are
all reported as being in good condition ex-
| cept the Aeriden, Waterbury and Connsc-
ticut River, and tho South Manchester.
Tho report also treats of the question OF
steam heating in cars. An order has been
issued for crossing west part of Park
avenue in Bridgeport, and Fairfield avenue
| is to be carried under the tracks in that
city. A resume is also given of the situa-
den, New Britain and New London.
The new plans for the station at Nor.
wich have been accepted with slight
modification. The Union station at Wat
i erbury is abandoned for tho present on
account of the proposed cost. Covered
platforms are recommended for Middle
town. The following is the expenditure
for maintenance of way and structures,
/ 81, 993, 910.70; for permanent improve
/ ments, 50, 3S4, 424. 80; for maintenance Of
equipments, 2, 253, 849. 81; for increase Of
equipments, 81 ,462, 075.01. Total &c.,
034, 958.S9.
i In closing the report the commissioners
note that Of the claim of $449, 851 made by
the New England road for damages arising
from the Asylum street bridge improve
ment only s., 1877 was allowed. Since the
last report, orders to the amount of $16,-
202 have been drawn, making the total
cost of the Improvement to date, $685..
660.7l.