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From this I would infer that some kind of a useful railroad can be made, at an exceedingly small cost, in any ordinary locality where a limited business and capital demand a smaller capacity as compared with the standard roads, and that the width of gauge and special manner of construction must be decided with reference to circumstances of the particular case.

FROM RETURNS OF 1875

CAPITAL STOCK, DEBTS, &c. (See page 11.)

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4.

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amount paid in

paid in on shares not issued [number shares.

5. Total amount paid in as per books of the Company

6. Amount of capital stock issued but not full paid [$

7. Amount per share still due thereon.

8. Par value of shares issued..

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CAPITAL STOCK, DEBTS, &c.—Continued.

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Bonds due---

rate of interest. Interest paid on same during year [$

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15. †UNFUNDED DEBT, incurred for construction, equipment or purchase of

property.

16. All other debts-current credit balances, &c.

17. Total amount of Unfunded Debt..

...

18.

Total gross debt liabilities

*Describe in detail each class of bonds or funded debt, when due, rate of interest, and amount of interest paid on each class of such debt during the year; it secured by mortgage so state.

It refers only to debts incurred for permanent investments. This item is not to include balances due other roads, unclaimed dividends, or anything connected with the ordinary operations of the road.

FROM RETURNS OF 1875

CAPITAL STOCK, DEBTS, &c.—Continued.

19. Amount of cash, sinking funds in hands of trustees, and such securities and debit-balances as represent cash assets, specifying each

20.

Total net debt liabilities.

21. Amount of bonds or stock of other companies guaranteed, principal or interest, by this company, giving names of each

COST OF ROAD, EQUIPMENT, AND PROPERTY.
CONSTRUCTION OF ROAD AND BRANCHES BUILT BY COMPANY.

1. Grading and Masonry

2. Bridging

3. Superstructure, including rails.

4. Land, land damages and fences.

5. Passenger and freight stations, wood-sheds and water stations.

6. Engine-houses, car-sheds, and turn-tables.

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7. Machine shops, including machinery and tools.

8. Interest paid during construction, discount, &c...

9. Engineering, agencies, salaries, and other expenses during construction.

COST OF ROAD, EQUIPMENT, AND PROPERTY.-Continued.

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18. Average cost of equipment per mile of road operated by company.
PROPERTY PURCHASED AND ON HAND, NOT INCLUDED IN THE FOREGOING

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-[if not used for the business of road, so state]

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