ing majority. There is a good bridge over the track quite near the place where this grade-crossing was asked for, and in view of this, and also in view of the great danger attending every grade-crossing, I could not see any necessity for the one proposed. I have also attended a meeting of the Committee on Highways of the Honorable City Council, of Providence, to whom was referred a petition to so extend a highway as to cross at grade, the tracks of two prominent railroad corporations, in one of the most dangerous localities in the city. I protested against the granting of the petition, as unnecessary and uncalled for, and attended by too great risks, and the final result was, that the petition was not granted. I now present a detailed report of the condition, and business of each of the railroad corporations, which, under all the circumstances surrounding other business, make a very favorable report, with only a very few exceptions. Capital stock actually paid in. New York, Boston Providence and Boston and Provi- Hartford, and Providence] Worcester Rail- dence Railroad Railroad Company, year ending Sept. 30, 1877. road Company, year ending Sept. 30, 1877. Provi- Providence Company, year ending Sept. 30, 1877. dence and Fish-1 $3,000,000 00 $2,000,000 00 $4,000,000 00 $2,037,939 98 and 1,163,000 00 500,000 00 500,000 00 2,055,500 00 500,000 00 None. 1,438,000 00 794,000 00 f 269,238 97 4,733 34 118,420 39 101,031 01 168,360 00 29,303 26 a One of 3% per cent. for 4 months and 3 of 2% per cent. d Included in this are several accounts changed off and depreciation. balances and amounts due trustees. g Including sundry coupons of 1876 paid on presentation. f After deducting Railroad Com pany, year end ing Sept. 30, 1877. 30, 1877. New York, Boston Providence and Boston and Provi- Hartford, and Providence Worcester Rail- dence Railroad road Company, Company, year year ending Sept. ending Sept. 30, dence and Fishkill Railroad Co., year ending Sept. 1877. 30, 1877. Provi- Providence and Springfield Railroad Company, year ending Sept. 30, 1877. year Number of persons walking on the track killed.. Number of persons walking on the track injured None. None. None. None. One jumped out of car window. 1 None. None. None. Number of employés killed. None. 1 None. Number of employés injured. None. 21 None. Average rate of fare per mile (exclusive of season tickets).. Average rate of fare per mile for season ticket passengers, reckoning one round trip per day to each ticket. From Providence. Total amount of receipts from passengers. Capital stock actually paid in. Newport and Wick road Colony Rail- Warwick Railroad" ford Railroad and Narragansett Pier Wood River Branch Old 1877. $47,140 86 $6,733,800 00 pany, year end pany, year end ing Sept. 80, 1877. ing Nov. 30, 1877. 57,500 00 5,328,500 00 Total amount of receipts from all other and taxes.. Total net earnings. Rate of dividend paid to stockholders. Surplus at the commencement of the year Expended during the year in purchase or Expended during the year for maintenance Total number of passengers. Tons of merchandise transported. h Engine and passenger car combined. Warwick Railroad Company, year ending Dec. 31, 1877. Newport and Wickford Railroad and Steamboat Company, year ending Aug. 31, 1877. Narragansett Pier Wood River Branch Old Colony RailRailroad Com- Railroad Com road Company, year ending Sept. pany, year ending Sept. 30, 1877. pany, year end ing Nov. 30, 1877. 30, 1877. Number of all other cars. Average number of regular passenger trains per day.. Number of passenger trains equipped with Miller platform. None. 1 None. 7 Number of passenger trains equipped with power brake.... None. 1 11212 None. 77 510 27778 510 100 16,22 100 Number of passengers killed during the Average rate of fare per mile for seasonticket passengers, reckoning one round trip per day to each ticket." In Rhode Island. All out of this State. 4 c. 6 c. 5 c. .025 c. |