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1842.<br />

1843.<br />

1844<br />

1845.<br />

1846.<br />

1847-<br />

1848.<br />

1849-<br />

1850.<br />

1851.<br />

^852.<br />

1853-<br />

1854-<br />

1855.<br />

1856.<br />

1857.<br />

1858.<br />

1859-<br />

1870.<br />

i860.<br />

1871.<br />

1861.<br />

1872.<br />

1862.<br />

•873-<br />

1863.<br />

1874.<br />

1864.<br />

,875.<br />

1865.<br />

1876. 1879-<br />

1866.<br />

1877. 1880.<br />

1867.<br />

484 BETWEEN THE OCEAN AND THE LAKES<br />

Table Showing the Stock, Bonded and Floating Debts of the Company, the Cost of the Railroad, the Earnings<br />

of the Railroad, and its Transportation Expenses, for Each Year since the Beginning of Operations, September 23,<br />

1S41, until the End of the Fiscal Year, Tune 30, 1898, as They Appear from the Official Reports of the Company to<br />

the Engineer and Surveyor and the Board of Railroad Commissioners of the State of New York. This Table<br />

is Intended-10 Show the Earning Capacity of the Railroad, and the Expenses Connected WITH Developing that<br />

Capacity, without Regard to Collateral Income or Disbursements of the Company.<br />

1892.<br />

1893-<br />

.894.<br />

1S95J<br />

1896.<br />

1897.<br />

Gross Earnings.<br />

Expenses of Transportation.<br />

•Capital<br />

tTotal Cost<br />

Stock,<br />

Bonded Floating<br />

Maintenance<br />

of<br />

Operating.<br />

Earnings.<br />

Net<br />

of Railroad<br />

Repairs<br />

as by<br />

Debt. Debt.<br />

and Passenger. Freight. JOther<br />

of<br />

Sources.<br />

Way and<br />

Charter.<br />

Equipment.<br />

Machinery.<br />

Real<br />

$<br />

$<br />

Estate.<br />

$<br />

None.<br />

15,165 44<br />

14,523 99<br />

29,689 43<br />

No report. 46,793 00<br />

None<br />

34,848 00<br />

43,677 00<br />

78,525 00<br />

31,732 00<br />

Not<br />

Not<br />

46.793 00 52,520 00<br />

3,000,000 00 reported<br />

35,000 00<br />

60,735 00<br />

95,335 °°<br />

43,215 00<br />

separated separated 52,520 00 66,945 °°<br />

3,000,000 00<br />

46,178 00<br />

79,842 00<br />

126,020 00<br />

59,075 00<br />

until until 66,945 00 70,217 74<br />

5.778. . 3,000,000 00 2,481,647 41 16,430,868<br />

44,'75 35<br />

82,169 66<br />

126,345 01<br />

56,128 00<br />

1849.<br />

1849. 70,217 74<br />

5,801,286 3,000,000 00 2,475,864 64 20,823,581 00<br />

64,754 73<br />

120,761 75 21,855 54 185,51648 61,640 44 64.030 53<br />

I23,I73 97 62,343 00<br />

123,173 97<br />

5,992,290 5,839,918 00 2,957.376 31 24,028,858 20 1<br />

100,990 74<br />

153,138 68 1,529 63 254,119 08 127,146 13 55,813 64<br />

172,970 68 81,149 00<br />

172,970 68<br />

7,766,991 9,856,568 00 1,323,053 55 27,551,205 ooji<br />

125,722 32<br />

185,19093 4,246 33 310,913 25 149,524 13 230,592 16<br />

195,508 17 115,40508<br />

195.508 17<br />

10,000,000 14,503,868 2,685,026 49 31,222,834 00 I,'<br />

363,209 96<br />

425,078 12 271,93090' 810,140 62 296,267 26 376,564 74<br />

399,347 09 410,796 53<br />

273,676 12<br />

10,023,958 i8,oo3,86£ 2,525,669 85 33,439,432 00^<br />

573,150 83<br />

564.445 15 180,538 i3! 139,125 61 471,469 19 434,893 881<br />

623,748 06 515,377 55<br />

440,788 29<br />

10,023,958 20,173,861. 1,051,540 03 33,742,317 "l1,'<br />

186,034 21<br />

1,091,388 11 246,94891 281.668 65 602,78681 560,582 14<br />

1,226,212 25 1,055,456 40<br />

846,095 96<br />

10,000,000 22,601,000 00 991,068 91 33,938,25400 I<br />

382,636 87<br />

1,883,198 76 137.321 46 537-764 53 584,983 93 386,894 90<br />

1,805,340 28 ',732,424 25<br />

1,130,498 02<br />

11,000,000 24,851,000 00 1,982,482 42 34,033,680 16.I<br />

,601,209 71<br />

2,537.21452 146,593 63 318,962 36 641,588 89 63','79 59<br />

2,378,267 59 1,940,549 77<br />

1,349,635 91<br />

11,000,000 24,891,000 00 732,257 " 34,058,632 63,1<br />

743.379 72<br />

3.369.59° °5 H9,635 43 359,958 68 938,603 73 882,086 30<br />

2,637,606 94 2,722,351 74<br />

1,474,239 37<br />

11,000,000 24,891,000 00 353.703 33 35,320,907 19 I<br />

698.670 15<br />

3.653,3oi 70 126,047 39 "•993 37 1,135,564 25 890,274 10<br />

2,680,327 92 2,808,665 39<br />

1,708.449 09<br />

11,000,000 26,438,016 00 2,725,62043 35-574.171 97 !.<br />

656,674 66<br />

4,554,'2i 86 132,196 22 349,990 15 ,049,187 05 609,650 87<br />

3,160,397 70 3,189,592 45<br />

1,887,629 22<br />

See note. 25,260,000 00 See note 35,796,901 91 I,<br />

495,36096<br />

4,097,610 12 115,020 61 742,605 51 ,024,837 16 718,114 73<br />

3,906,888 29 1,835,718 22<br />

2,086,198 26<br />

19,973,200 26,351,000 00<br />

73,945,587 02<br />

480,665 00 89,985,202 03 1.<br />

182,258 27<br />

3,843,310 77 103,406 52 151,616 43 1,049,298 48 808,638 14<br />

3-595,o67 3° 1,556,549 13<br />

1,569.228 95<br />

19,973,200 See note<br />

106,904,362 22<br />

\ None. 39,328,660 821<br />

554,083 53<br />

3,195,869 57 124.861 40 "2,1493: 1,367,783 9° 1,063,022 06<br />

3,043,168 97 1,838,980 35<br />

1,384,331 05<br />

24,228,800 19,831,500 00<br />

108,807,687 26<br />

2,364,238 4. 40.954,463 62 2<br />

180,957 55<br />

3,884,343 54 143,800 18 0,321 70 1,830,579 56 1,427,043 02<br />

3,219,695 56 1,960,626 14<br />

1,476,74307<br />

24,935,800 20,093,200 00<br />

111,630,092 26<br />

3,638,450 29 45,879,522 28 4<br />

136,045 73<br />

4.35M64 35 173,38689 590,916 60 2,680,142 04 1,760,833 53<br />

3,504,471 58 2,086,445 02<br />

1,646,534 96<br />

25,105,800 17,822,900 00<br />

115,075,900 87<br />

3,524,813 00 48,507.544 52 3<br />

096,196 60<br />

6,642,914 68 124,100 92 863,972 3,5oi,457 79 2,602,420 09<br />

4.465,614 19 3,398,358 49<br />

2,034,808 23<br />

25,111,210 18,285,900 00<br />

115,955,946 63<br />

4,893,735 8 49,247,769 70 2<br />

.670,082 58<br />

8,432,23447 167,820 35<br />

723 3,460,618 39 2,555,28S83<br />

5,704.37085 4,541,746 38<br />

2,446,748 27<br />

46,302,210 22,368,834 94<br />

117,140,287 47<br />

None 56,486,605 97|3<br />

523,005 50<br />

9.855,087 70 180,690 96 551,480 09 3,001,482 82 2,606,412 73<br />

7,846,990 18 4,704,489 91<br />

3,406,014 61<br />

78,53s,910 22,429,920 00<br />

117,445,12054<br />

reported.<br />

65,'31,959 01 4<br />

450,209 60<br />

10.726,264 33 64,302 27 300,574 85 3.303,524 .56 2,843,040 29<br />

10,817,188 97 4,483.385 88<br />

4,7I3,311 °9<br />

83.536.910 23,398,300 00<br />

i'7.633,79°°9 " 593,966 20<br />

11,611,023 01 94,657 79 372,809 56 4,248.273 36 3,182,63407<br />

11,151,54067 4,221,268 89<br />

5,135,633 45<br />

86,536,910 23,398,800 00<br />

574,122 26<br />

2,517,301 26<br />

.931,833 45<br />

11,204,688 73 227,014 78 „ 7.213 M 3,689,693 64 2,601,691 05<br />

io,333,989 49 3,983-323 65<br />

4,726,093 94<br />

86,536,910 23,398,800 00<br />

3,325,369 27<br />

2,714,103 5<br />

,531,503 88<br />

10,780.975 86 33,940 72 376,871 81 3,432,948 46 2,354,644 97<br />

ii,:43,oq2 32 3,233,729 49<br />

4,996,527 47<br />

86,536,910 26,398,800 00<br />

5,344.575 32<br />

2,552,203 See 34<br />

043,048 82<br />

12,583.793 73 532,795 49 721,500 34 3,686,864 39 2,294,662 06<br />

13,259,266 61 3,462.233 73<br />

5.828,359 18<br />

86,536,910 26,398,800 00<br />

7,213,614 12<br />

1,421,641 note. 83<br />

968,899 82<br />

,983,547 06 1,345,244 48 79,461 66 3-7'7,333 2.562,359 08<br />

12,073,010 89 4,106,45077<br />

5,78l,626 20<br />

86,536,910 37,917,142 70<br />

8,818,860 71<br />

1,159,060 46<br />

972,064 70<br />

,861,999 74 1,153.282 26 68,905 16 3,485,662 20 2,799,102 30<br />

12,199,096 16 4,968,909 00<br />

6,411,502 73<br />

86.536,910 45,576,814 00<br />

9,552,704 93<br />

1,887,216 11<br />

329,346 84<br />

14.509.745 47 1,128,154 44 371,887 80 3,321,370 57 2,446,863 53<br />

12,594,504 64 5,777,383 "6<br />

6,612,978 19<br />

86,536,910 54,271,814 00<br />

11,502,380 63<br />

669,705 77<br />

651,554 18<br />

15,015,807 85 994,9°4 99 012,606 51 2,630,486 45 2,664,456 87<br />

13,640,642 32 6.371.964 19<br />

7,360,949 46<br />

86,536,910 54,271,814 00<br />

12,722,610 64<br />

400,000 00<br />

705,574 06<br />

13,740,042 44 840,992 66 598,896 76 2.295,529 46 1,981.059 67<br />

13-563-738 32 5,035,16044<br />

7,278,923 82<br />

86,53-6,900 54,271,81.<br />

12,761,536 52<br />

482,763 51<br />

,461,304 31<br />

12,287,399 85 465,17596 876,858 60 1,505,502 1,324,269 85<br />

12,679,130 95 4,197,727 65<br />

6,910,896 85<br />

86,536,910 54,271,814 00<br />

15,386,099 42 427,626 45<br />

11,429,929 70 195,191 39 852,461 14 722,790 48 530,689 91<br />

12,231,201 78 3,621,258 46<br />

6,936,258 46<br />

86,536,910 See note<br />

14,772,494 27 220,089 88<br />

10,647,807 38 589,597 84 708,889 92 2,289,215 67 1,784,304 17<br />

10,016,839 60 4,692.050 32<br />

6,623,250 77<br />

86,536,910 66.678,501 10<br />

160,862,500 74 900,045 50<br />

8,087,075 50 J,379,697 37 452,296 87 2,187,96391 1,906,425 90<br />

7,363,114 90 3,089,181 77<br />

* The original capital stock was $10,000,000. The State of New York loaned its credit to the Company for $3,000,000. That 4,553.342 and something 57<br />

86,536,910 67,173,744 "<br />

161,145,922 43 170,075 52<br />

3,827,414 31 1,539,06750 ,192,681 2,263,552 94 2,207,689 14<br />

3,272,748 over 77 $1,500,000<br />

1,919,932 45<br />

paid in on Company stock comprised the stock debt up to 1845. No statement of the stock account was made in the reports until 2,019,268 1849. 38 "<br />

86,536,900 67,165,665 95<br />

161,621,092 44 118,943 75<br />

12,233,480 90 969,235 45 942,022 2,231,877 2,160,119 9°<br />

11,174,698 Capital Stock, 95 as by<br />

4.767,323 63<br />

Charter." means both the amount authorized by the original charter and by subsequent legislation.<br />

7,101,179 11<br />

86,536,900 70,269,137 65<br />

162,739,413 26 682,951 18<br />

14,391,"5 33 956.396 48 ,453.763 2,967,616 86 2,733,244 73<br />

11,643,925 35 7,833.738 53<br />

t The regular annual statement of construction and equipment expenses did not begin to appear in the reports until 1849. 7,549,535 These expenses 54<br />

86,536,900 75,267,13690<br />

163,598.371 02 041,267 03<br />

15.979.576 61 1,188,560 34 ,559,9:1 14 2,058,555 79 1,899,657 22<br />

13,256,230 up to and 06 including<br />

1848 were $12,070,165, of which $4,360,702 was expended previous to the re<strong>org</strong>anization in 1845.<br />

8,784,987 ."<br />

8,303,681 08<br />

86,536,900 75,268,485 10<br />

163,827,791 22 384,509 78<br />

14,642,128 38 989,123 48 ,995,873 6i 3,405,90041 1,313,702 60<br />

13,088,093 74 6,907,779 87<br />

\ " Other Sources " applies to the earnings of the railroad from mails, express, and incidental earnings entirely due to 8,696,096 the movement 26<br />

86,536,900 75,268,485 10<br />

ID4.333.398 37 632,229 27<br />

17,213,621 15 1,058,543 34 ,802.246 9 2,365-559 34 2,374,228 63<br />

15,444,583 of trains. 12 These<br />

7.357,663 78<br />

items were not separated in the reports until 1849.<br />

9,743,721 53<br />

86,536,900 78,500,385 10<br />

No report. 675,871 14<br />

15,773.004 60 419,242 30 ,637,436 oi 2,444,648 79 2,393,271 07<br />

16,358,077 74 5,279,358 34<br />

Note to 1861.—The property being in the hands of a Receiver, and in course of radical readjustment, no statement of 8.111,124 the stock 75 or bond<br />

86,536,900 78,550,865 10<br />

274,300,131 23 ,106,707 61<br />

11,394,625 00 1,210,422 13 ,49°,456 09 2,083,916 96 2,827,296 56,<br />

13,987,329 debt 29 was made.<br />

1,403,126 82<br />

For the years succeeding 1861 the preferred stock is included in the reported capital. From 1878 to 1888 these expenses only under 5,602,446 re<strong>org</strong>anization 15<br />

86,536,900 78,567,245 10<br />

271,727,586 49 443,771 81<br />

13,808,180 00 843,783 77 ,500,047 73 2,058,543 79 2,983,902 281<br />

16,008,594 reported. 60 6.49M53 '3<br />

Note to 1868-69-70-71.—See " Administration of John S. Eldridge " and '• Administration of Jay Gould," Chapters XV. 7,270,284 and XVI., for<br />

86,536,900 77,759,245 10<br />

273.587.262 41 ,706,164 59<br />

15,203,285 88 1,141,490 50 ,327,692 77 2,688,108 84 4,369,563 87<br />

17,022,465 the explanation 55 of<br />

4,004,313 92<br />

the increase in stock debt and equipment account.<br />

8,080,231 77<br />

86,536,900 77,756,205 10<br />

,808,390 67<br />

15,821,210 04 1,249,397 74 ,217,989 75 2,864,046 88 3,795,56056<br />

17,620.257 36 9,597,732 39<br />

Note to 1878.—Report includes last operations of the Erie Railway iSept. 30, 1877, to May 31, 1878), and first operations 8,188,158 of New 75 York,<br />

86,536,900 77,643.88<br />

,894,052 81<br />

15.875.347 75 1,207,604 50 004,406 o 2,963,990 23 4,266,890 57<br />

17,453,385 Lake 02 Erie and<br />

9.551,02099<br />

Western iMay 31. 1878, to Sept. 30, 187SI. Funded debt awaiting details of re<strong>org</strong>anization. I" Administration of Hugh J. Jewett 7,878,360 " pages 85246-251 86,536.900 77,643,885 10<br />

,443,598 16<br />

22,454,729 42 1,246,413 67 ,039,818 ol 2,904,404 37 3,934,334 67<br />

18,882,775 I 98 10,157,042 10<br />

Note to 1883.—The N. Y., P. and O. Railroad was leased by the Erie April 30, 1883. Since then the operations of that road 11,825,103 have been 27<br />

86,536,900 77,643,88,<br />

855,445 09<br />

22,162,403 30 1,231,847 67 ,263,246 13 2,738,806 99 3,164,053 54<br />

19.282,616 included in 55 the Erie<br />

9.980,629 58<br />

reports- according to the terms of the lease until 1896 ; subsequently as part of the Erie system by ownership.<br />

12,623,009 11<br />

86,373,600 77,643,885 10<br />

724,81990<br />

24,760,488 01 1,702,290 8 2,912 41 2,491,866 65 3,273,112 31<br />

21,234,718 37 10,458,194 04<br />

Note to 1895—The report includes the live months from June 30, close of the fiscal year, to November 30, when the Erie 14,003,837 Railroad 57<br />

146,000,000 77,644,125 10<br />

810,284 55<br />

23,581,380 41 784,3968 8,078 63 1,561,245 01 1,890,871 70<br />

20,271,695 Company 57 succeeded<br />

10,366,383 06<br />

the New York, Lake Erie and Western Railroad Company.<br />

I3,432,956 53<br />

146,000,000 78,800,125 10<br />

888,898 6<br />

19,187,997 67 697,291 40 ,308,743 95 1,515,87941 2,180,815 58<br />

18,126,441 37 8,182,302 58<br />

Note to 1896— This report is for the seven months from November 30, 1895, to June 30, 1896, end of the fiscal year. 12,223,580 84<br />

171,090,300<br />

238,852,10000<br />

125,404,100 ,861,094 ,365,479 ,570,600 081,307 475,804 62 15 32 33<br />

119.009,238<br />

23.050,600 11,919,650 21.594,864 8,801,435 31<br />

28 2,090,666 98 792,836 25 2,777,487 48 4,030,261 94<br />

18,037,876 47 7,754.959 68<br />

holders) 437.77 ,863-$!,288,i24: 1883-6 Dividends<br />

Floating<br />

; per ; 1880—coupons cent, 1851—$346,859.04<br />

Debt.—Since<br />

Paid.—1848 on i864-$i.832.62i.58; the on preferred the —$143,147 ;<br />

1880<br />

income 1852—$416,434.05 stock;<br />

no<br />

i86s-$2<br />

statement<br />

bonds; ; 1889— 1849—$291,585'. 1881-6 243,017.02; interest<br />

of<br />

;<br />

a<br />

1853—$252,660<br />

floating<br />

percent, on 1866-8567.3041 the 1850—<br />

debt<br />

income on $391,855.37 .^1854-<br />

as<br />

the<br />

a floating<br />

preferred bonds ; $700,605.50 53 26 95 i867-$567.304.85 (these and 2,150,669<br />

debt<br />

stock 1 were per<br />

has<br />

; 23 and 1857-$!,000,000 cent,<br />

been<br />

on coupons •477-936 ,051,010 .771,297 061,636 the ; on<br />

included<br />

the 1868-8567,304.85; basis on 45 82 97<br />

preferred 3,095,869 the of<br />

in<br />

istock<br />

the<br />

an income<br />

State<br />

agreed dividend stock. 29 bonds;<br />

reports.<br />

4,883,910 .869-^567,304 payment from 1882-6 49 proceeds 12,272,897 H.473,6o3 14,149,044 of 5,732,909 7,334,264 Der 6 ; per cent *-*.««* ot 1872-81,463,791; cent sinking 51<br />

74 13 on 20,281,353 11,030,959 22,128,823 9,185,026 interest theoreferred v fund)- to 45 91 17 161862—$441,575 i873-ii,569,-<br />

8.769,657 2,876,610 4,446,977 8,642,47391<br />

stock­•<br />

00 40 80 ;

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