.32
 

ADDITIONAL STATEMENTS.
The items charged to Oonstruelion accoimt, diirmg the year, have been;

Land: ijrincipally at Troy, Syracuse and Buffalo,.....................  8110,718 18

17 Engines, 18 Passenger and 322 Freirlit ears added to B^quipraent,....    659,300 00
5.85 miles of second track on the Syra( use and Uoeliester direct road,..      o2,650 00

§822,668 18

The entire main line is now dou ,)le tracked, except as follows:

From Port Byron to Clyde,........   13.09 miles. I ,,, .  ,                           „- »„     •■

From Rocliester to Chuichrille,.....   U-ol      "     f 1°'"'.............  2, .60 miles.

All the other expenditures during the j^ear (except as shown in the
increased value of fuel and supplies) have been charged to Transportation
Expenses, and include a very general and thorough overhauling and repairing
of the motive power and rolling stock, and of the road-bed and superstruc¬
ture, the rebuilding of the cattle sheds at Buffalo, and a portion of the car
shops at West Albany, which had, respectively, been destroyed by fire, and the
rebuilding of the bridge over the Genesee Eiver at Eochester, which had been
carried aAvay by the ilood in Marcli. The uniformly extreme cold weather in
January, February and March, and the unusual fall of snow and rain in the
two months last named, caused great general damage and consequent addi¬
tional expense for repairs, besides materially diminishing the traftic.
 

The stock of Fuel and Supplies (from the light supply of which during the
winter of '64 and '65 some dithculty was experienced) has beeu increased to
a projjer standard. The enhanced price of the articles made the value of
nearly similar quantities much greater than formerly, and necessarily involved
a larger investment of money to provide for the requirements of the line.

Owing mainly to the great increase in prices, the net result of the busi¬
ness of the year did not atford sufficient means to meet this investment, in
order to provide for which, and for the amounts paid on Construction account,
and for account of Hudson Eiver Bridge at Albany (the latter $330,000.00),
there was issued, during the year, $2,000,000.00 in convertible seven per
cent bonds, due in 1876. During the same period certain items of debt
matured and were p.aid off, so that, at the close of the fiscal year, the Capital
Stock aud Funded Debt stood $1,621,000.00 more than at the close of last
fiscal year. Statements showing the amount of Capital Stock and Funded
Debt at close of each fiscal year, from 1850 to 1865, will be found on pages
8 and 9.
 

The Iron Bridge over the Erie Canal at Schenectady, spoken of in last
year's Eeport, has been comjileteci this year. The length of iron bridging
now upon the line, reduced to single track, is 5,677iij feet.

The renewal of Iron Bails, duriitg the year, amounted to'15,708 tons, equal
to 163.62 miles of single track. 'The number of Ties renewed during the
same period was 536,669.