STATEMENT, showing the Share Capital and Debts of the several Railroad Companies of the State of New York, with the amount of productive and unproductive capital in each:

The total amount of capital invested in railroads in the State of New York is $151,155,877, of which $74,753,167 is represented by stock; $70,682,365 by funded debt, and $5,720,345 by floating debt. Of the stock $38,028,960 are productive, and $36,724,207 unproductive. Of the debts of the companies $62,036,948 are productive, and $14,365,762 unproductive. Of the total amount invested in the railroads of the State, $100,065,908 are productive and $51,087,969 unproductive. In the unproductive debts are embraced the unsecured bonds of the New York and Erie Railroad.

The total earnings of all the railroads of the State since the opening of the first road have been $188,589,993-of which $96,968,421 have been received for the transportation of passengers; $83,197,721 for the transportation of merchandise, and $8,423,851 for transportation of mails and from miscellaneous sources. The aggregate current expenditures in the meantime have been $109,251,777; the net earnings, $79,338,216. The gross amount of dividends paid has been $31,408,446. The rate of gross earnings on the liabilities of the companies have equaled 13 per cent.; upon the cost of the road a little over 14 per cent. The rate of net earnings have been 5 and 6 per cent. respectively. The dividends paid have averaged a little over 4 per cent. on the aggregate share capitals of all the roads. The debt certificates of the New York Central, amounting to $8,892,600, not included in the above amount, were in the nature of a dividend of the stock of that Company. The excess of the aggregate liabilities of the companies over the cost, of their roads is due in a great measure to the debt certificates of the New York Central Company, which are not included in the cost of its road.

The balance of net earnings remaining after the payment of dividends is $47,929,771, a sum slightly exceeding the interest on the aggregate debts of all the companies at the rate of seven per cent. Upon the debts of several interest has remained unpaid either wholly or in part. With other companies considerable sums, being the excess of earnings over the current demands upon them, have been expended in construction.

As all new companies in the State are organized under the provisions of a General Railroad Law, which applies equally to all companies organized under special charters, a copy of the same is added hereto. The list of the companies chartered and organized, and notices of the laws passed in reference thereto, were obligingly furnished by George R. Perkins, Esq., Deputy State Engineer for the State of New York.

RAILROADS IN THE STATE OF NEW YORK.

STATEMENT showing the Share Capital, Indebtedness, Cost, Mileage, Receipts for transportation of Passengers, Receipts for transportation of
Freight, Receipts for transportation of Mails, Operating Expenses, Net Earnings, and Dividends paid by the Railroad Companies
of the State of New York, for each year since the opening of the first road:

--Capital Account-

-Gross Earnings

Year.

Share

Funded Floating
Capital. Debt. Debt.

46,185

1837.. 5,939,710 267,500

8,000
113,052

38,529

623,197

659.17 1,344,105
688.17 1,469,766

721.92 1,575,241

Cost of Length
Total Road &
of Passenger Freight Mail, etc., Total
Capital. Equipment. Road. Earnings. Earnings. Earnings. Earnings. & Repairs. Expenses. Dividend.
$795,303 $795,303 16.94 $52,059 $
1,328,725 1,328,725 39.31 94,319 8,708
1,680,977 1,680,977 73.77 129,070 13,733
2,682,429 2,682,429
38,987
99.80 175,305
5,000,831 5,000,831 188.80 381,256
6,215,210 6,145,210 259.45 585,927
7,335,462 7,200,462 277.95
9,263,681 8,075,719 367.36 976,743
9,620,252 9,578,965 394.46 986,891 59,873 78,081
9,795,309 9,701,218 414.46 1,021,836 107,252
16,936,425 16,833,624 573.47 1,282,870 156,042 81,777 1,520,689
19,598,490 19,515,454
20,715,834 20,356,863
21,413,500 21,269,126

Operating Earnings Amount
Expenses less

of

ear.

$52

$52,111

$31,959 $20.152 nil.

. 1832

23,287,090

22,987,696

756 46 1,728,874

438,357 195,755

2,362,986

1,425,018 937,968

652,632 .1846

1838. 6,621,710 600,700
1839.. 7,881,000 1,250,700 131,981
1840. 8,089,500 1,350,700 180,052
1841. 8,151,000 1,450,700 193,609
1842.. 12,187,250 3,535,000 1,214,175
1843. 13,546,535 4,675,000 1,376,955
1844.. 13,829,999 5,510,000 1,375,835
1845. 14,201,211 6,010,000 1,202,289
1846. 15,339,529 6,510,000 1,437,561
1847. 16,523,900 7,460,000 1,883,553
1848.. 23,962,677 7,673,000 2,042,839
2,136,089 1,575,589 1,267,373 -1848
1849 33,531,402 12,191,243 2,490,448
50,514,093 1,261.11 3,231,944 2,472,877 281,422
2,668,369 3,317.874 1,505,801 .1849
1850 35,741,264 19,651,991 4,642,367
63,631,538 1,452.60 3,749,674 1,518,998 241,514
2,452,413 3,057,773 1,618,902 · 1850
1851. 38,377,470 27,776,590 6,182,429
72,494,812 1,705.60 4,800,431 2,581,098 260,751 7,642,280 3,564,446 4,077,834 1,843,071 -1851
1852. 46,071,149 36,458,929 5,211,087
88,339,763 2,118.32 5,970,284 4,258,059 628,400 10,856,743 5,323,995 5,532,748 2,204,478 .1852
1853. 55,710,456 46,532,172 7,978,771 110,221,399 106,329,839 2,311.88 5,572,963 6,352,097 510,120 12,435,180 7,869,989 4,565,191 2,523,7101853
1854 64,354,913 63,404,997 9,740,896 137,500,806 122.457,325 2,623.94 8,740,029 8,199,149 870,371 17,809,549 10,663,712 7,145,837 2,322,765 -1854
1855. 67,028,052 73,062,516 5,744,649 145,835,217 129,147,518 2,631.61 10,018,715 9,870,657 701,278 20,590,650 12,102,961 8,487,689 2,422,153 -1855
1856. 68,640,390 73,895,312 4,815,895 147,351,597 130,092,480 2,631.61 10,044,869 12,471,576 814,632 23,331,077 13,649,565 9,681,512 2,779,862 1856
1857.. 69,352,217 67,764,041 4,567,338 141,683,596 129,284,400 2,642.61 10,316,870 11,860,803 921,146 23,098,819 14,547,910 8,550,909 2,731,983.1857
1858.. 69,797,559 68,675,052 4,009,962 142,482,573 129,368,489 2,643.86 8,415,055 10,476,833 828,320 19,720,208 12,613,052 7,107,156 2,701,875 .1858
1859.. 70,209,168 68,512,837 5,048,933 143,770,938 131,538,580 2,643.86 8.841,606 9,746,299. 817,069 19,404,974 12,048,302 7,356,672 2,619,065 ⚫1859

28 yrs 776,416,326 604,378,980 71,592,676 1,452,387,982 1,365,453,195 31,819.75 96,968,421 83,197,721 8,423.851 188,589,993 109,251,777 79,338,216 31,408,446 28 yr.
Aver. 27,729,154 21,584,963 2,556,882 51,870,999 48,766,185 1,136.42 3,463,158 2,971,346 300,852 6,735,356 3,901,849 2.833,507 1,121,730 Aver

RAILROADS OF THE STATE IN DETAIL.

ALBANY AND WEST STOCKBRIDGE RAILROAD.
(Financial year ending 30th November, 1859.)

BOARD OF DIRECTORS AND OFFICERS, 1859-60.
John V. L. Pruyn......... Albany, N.Y. | Volkert P. Douw
Chester W. Chapin.....Springfield, Mass.

William H. Swift....

William H. Toby.."

Gilbert L. Wilson..
John H. Reynolds
Eli Perry...

LENGTH OF ROAD-Albany to State Line, Mass

Second track, 38.25, and sidings, 5.75 miles.

.Greenbush, N.Y. .Kinderhook, " .Albany,

The Albany and West Stockbridge Railroad Company was chartered on the 5th and organized on the 20th May, 1836. The construction of the road was commenced in December, 1840. It was opened to public use as follows: from Greenbush to Chatham, 23 miles, on the 21st Dec., 1841, and from Chatham to the State line, 15 miles, on the 12th Sept., 1842. The road was constructed by the Western Railroad Company of Massachusetts as a part of its line, and to which it was leased, on the 11th November, 1841, for fifty years from the 13th of April, 1840, (the period of its charter, and for any renewal of the same). The two roads have always been operated as one line. No separate account of earnings or current expenses is kept, although two organizations are rendered necessary, the line lying in different States.

SHARE CAPITAL-Authorized and paid in, $1,000,000.

The entire share capital of the Company was subscribed, and is held by the city of Albany, (except a few shares).

FUNDED OR FLOATING DEBT-$2,389,559 in detail as followsCity of Albany 6 per cent. bonds..

-$1,000,000

The bonds of the city of Albany were issued in payment of the stock taken by it, which was subscribed as follows:-$650,000 on the 30th May, 1840, and $350,000 on the 1st August, 1841. They are payable in the city of Boston as follows:-$250,000 on the 1st July, 1866; $300,000 on the 1st July, 1870; $200,000 on the 1st of July, 1871, and $250,000 on the 1st July, 1876. The interest is payable semi-annually, on the 1st Jan. and 1st July, at the office of the Western Railroad Company in Boston.

By the terms of the lease of the road to the Western Company, the latter undertook to pay the interest on this class of bonds, and the principal sums as they respectively fell due; the city of Albany to hold the stock subscribed by it as security for the performance of these agreements. For their payment, the Western Company provided a sinking fund by the payment thereto of a sum equal to 10 per cent. of the bonds as they were issued, and by the further payment thereto, annually, of the sum of $10,000. The first annual payment was made in 1843, and has since been continued. The amount of this fund on the 30th November, 1859, was $621,013. On the payment of he bonds the stock becomes the property of the Western Railroad Company.

The balance of indebtedness of the Company is for advances made by the Western Company on account of construction, to the amount of $1,389-559, to be refunded to the Western Railroad Company on termination of the lease. The road has a second track for its entire length, commenced about three years ago, and completed in 1859.-(See Western RR. Co. of Mass.)

COST OF ROAD AND EQUIPMENT $2,392,984: in detail as follows—

ALBANY AND SCHENECTADY RAILROAD.

(Now a part of the New York Central.)

This Company was originally chartered under the title of the Mohawk and Hudson Railroad Company in 1826, and was the first corporation of the kind chartered in the State. The construction of the road was commenced in August, 1830; it was opened to the public on the 24th September, 1831. It was originally constructed with longitudinal sills, covered with rails, 9-16 by 2 inches. The ascents from Albany and Schenectady repectively were overcome by inclined planes with inclinations of 1 in 18, worked by stationary engines; the length of the Albany plane being 32; of the Schenectady, 31 chains. Between the planes the road was first worked with locomotive engines and horses. The first engine used was of American manufacture, and weighed three tons. An engine imported from England, weighing 12 tons, could not be used on account of its weight. The planes were abandoned in 1844. The change of the name of the Company to that of the Albany and Schenectady was made in 1847. In 1853 it was consolidated, with other companies, into the New York Central, which see.

COST, EARNINGS, EXPENSES, ETC., YEARLY.

-Gross EarningsPass'r. Freight. Mails, &c. $51,675 52 69,300 3,708 594 68,210 12,733 921 84,776 26,287 1,519 103,470 28,185 1,889 97,167 14,429 4,774 101,023 19,276 5,296 116,666 25,877 5,875

61,439

64,159

70,000 7

nil. nil

170,665

80,582

98,494

3,341

113,857

110,051 46,592 3,244

159,887

113,742 57,139 5,041

70,000 7

111,200 70,000 7

117,413

70,000 7

146,649 87,433 5,765

239,847

103,689

136,158

70,000 7

81,616 8

471,632

166,013

305,619

49,692 4

$26,728,431 369.36 2,334,790 923,143 143,682 3,401,515 1,567,003 1,834,512 576,308

Aver. 1,214,928 16 79 106,127 41,961 6,531 154,614 71,227 83,387

26,196 21

Ten months' operations.