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TRAFFIC AND MILEAGE STATISTICS.

Ітам. .
Number of passengers carried
Number of passengers carried one mile
Number of tons of freight carried
Number of tons of freight carried one mile.
Total train mileage, all mixed...

Total, all local.

17, 672 115, 655

1, 122 6, 427 10, 474

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Cents.

Item.
Computed on earnings from carrying passengers and freight only.
Average rate received per mile for carrying passengers, all classes
Average rate received per mile per ton for carrying freight, all classes...

22.48

DESCRIPTION OF ROAD AND EQUIPMENT.

Total miles, all TRACK,

in N. Y. State. Main line from Kaaterskill Junction to Kaaterskill Station, single track..

7.50 Sidings and turnouts on main line

0.25 Grand total of tracks, sidings and turnouts....

7.75

Laid with steel rail, main line....

Average life of rails - steel, 20 years; iron, 3 years; average life of ties, 7 years; weight of rails per yard, steel, 40 lbs; gauge of track, 3 feet; ballasted with gravel.

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EXPLOYEES.
Average number of persons employed (including officials) during year

28 Aggregate amount of salaries and wages paid them during year

$5,438 66 OFFICERS OF THE COMPANY. Name.

Title.

Official Address. Tuomas CORNELL.... President.

Rondout, N. Y. ROBERT B. CARPENTER, Vice-President.

New York city. JAMES H. Jones.

General Superintendent. Rondout, N. Y, S. G. DIMMICK..

Treasurer and Secretary.. Rondout, N. Y. F. B. HIBBARD..

General Freight and Pass. Agt.. Rondout, N. Y. R. B. JONES Auditor

Rondout, N. Y.

DIRECTORS, OF THE COMPANY.
Name.

Residence.
Thomas CORNELL...

Rondout, N. Y. Thomas H. TREMPER.

Rondout, N. Y. RICHARD G. TOWNSEND

Rondout, N. Y. RICHARD B. Joxes..

Rondout, N. Y. SAMUEL G. DIMMICK..

Kingston, N. Y. GEORGE HARDING

Philadelphia, Pa. ROBERT B. CARPENTER..

New York city.
Title of company, Kaaterskill Railroad Company.
General office at Rondout, N. Y.
Date of close of fiscal year, September 30.
Date of stockholders' appual meeting, second Tuesday in February.
For information concerning this report, address S. G. Dimmick, Treasurer.

LACKAWANNA AND PITTSBURGH.

REPORT OF COMPANY-SEE ALSO REPORT OF Receiver.

(Date of charter, June 1, 1883.)

For history of organization, see Report of 1885.

At a special term of the Supreme Court of the State of New York, held in the city of Buffalo, on the 8th day of December, 1884, Hon, Albert Haight, Justice of the Supreme Court, presiding, George D. Chapman, of Angelica, N. Y., was appointed Receiver of the Lackawanna and Pittsburgh Railroad Company, in an action wherein The People of the State of New York are plaintiffs, and the Lackawanna and Pittsburgh Railroad Company and The Mercantile Trust Company are defendants.

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Grand total of common and preferred stock pow outstanding....
Number of stockholders..

$5,000,000

133

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COST OF ROAD AND EQUIPMENT. Total cost of road

$7,761, 020 83 Total cost of equipment.

279,03% 19 Grand total cost of road and equipment up to September 30, 1888...... $8,040, 059 02

Note — A large proportion of the equipment on hand at the date of the last annual report has been surrendered during the current year. The car trust notes issued by the company have not as yet been returned to them, neither has the amount of liability of the railroad company been adjusted or determined. The equipment account therefore stands at a much larger sum thau the property on hand warrants.

$7,761, 020 83

279,033 19

GENERAL BALANCE SHEET SEPTEMBER 30, 1886.

Assets.
Cost of road....
Cost of equipment

Other permanent investments, as follows, viz..
Lackawanna and Pittsburgh first mortgage bonds on hand.
Allegany Central second mortgage bonds on hand....
Lackawanna and Pittsburgh car trust bonds on hand.

Current assets, as follows, viz. :
Due by agents..
Open accounts
Sundries.
Profit and loss (deficiency).

111, 000 00 22, 700 00 5,000 00

2, 381 11 42, 291 16

9,515 00 521, 792 89

$8,754, 739 18

$500,000 00 2,818, 000 00

LIABILITIES.
Capital stock
Funded debt..

Current liabilities, as follows, viz..
Iuterest on funded debt due and accrued.
Audited vouchers and pay-rolls
Open accounts.
Loans and bills payable.
Geo. D. Chapman, Receiver..
Shop notes (Angelica Foundry and Machine Company)
Real estate mortgage....
Car trust notes and other equipment obligations

326, 568 00 117, 624 82

65, 373 65 107,799 23 29, 269 06 15, 300 00

2,977 00 271, 827 42

$8,754, 739 18

*Of this issue of bonds $900,000 were set aside to take up Allegany Central first and second mortgage bonds at par and income bonds at 50 per cent.

DESCRIPTION OF ROAD.

TRACK.

Miles owned, all

in N. Y. State.

Miles leased, all

in N. Y. State.

Entire length, all

in N. Y. State.

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Main line from Belfast Junction to Perkinsville, standard gauge,

single track... Branches or other roads, single track Main line, narrow gauge, Olean to Narrow Gauge Junction, near Angelica, single track..

Total single track ...,

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Sidings and turnouts on main line, standard gauge..
Sidings and turnouts on main line, narrow gauge

Total sidings and turnouts

3.55
3.00

4.03 3.00

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Weight of rails per yard, steel, maximum, 56 lbs., minimum, 40 lbs.; iron, maximum, 35 lbs., minimum, 30 sbs. ; gauge of track, 4 feet 85 inches and 3 feet; ballasted with gravel.

DETAILS OF BRANCHES OR OTHER ROADS.

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