By the Treasurer's report, the receipts from all sources during the year ending February 28, 1861, have been, including balance on hand		$1,873,000.35
Disbursed during the same period:
For operating the road	$747,461.28
Graduation, mostly for the extension beyond Canton	166,297.68
Iron rails and fastenings on hand at depot in New Orleans	126,118.37
Locomotives, cars and tools	152,628.90
Real Estate, right of way, surveying, engineering, fencing, etc.	34,600.74
Building way stations and improvements to depot grounds, etc.	43,508.52
Interest on first mortgage bonds and other interest accounts	213,331.09
Expenses, contingencies, law charges, etc.	40,420.88
	$1,5214,367.46
Balance on hand, chiefly in bills receivable for stock subscriptions in Mississippi, and amounts to debit of sundry agents and others	349,241.89	1,873,000.35
We redeemed on 1st July, 1860, after due public notice, from the lowest bidder, fifty-nine of our first mortgage bonds for the sum of forty-nine thousand five hundred and thirty dollars -- which reduces the mortgage by the amount of fifty-nine thousand dollars.
By the General Superintendent's report, it will be seen that the earnings of the road during the twelve months were, from --
Freight	$649,599.04
Passengers	520,04.60
Mails	62,400.00
		$1,232,623.64
The expenses during the same time have been --
For maintenance of way	$251,109.28
Motive power	212,772.80
Conducting transportation	187,873.47
Steamers and other expenses during the overflow of October and storm of November, 1860	27,327.39
Stock killed in Mississippi	9,277.53
Maintenance of cars	59,100.76
Add outstanding and unpaid bills	28,106.66
	$775,567.94
From which must be deducted the amount paid during the present year for materials and labor for the previous year, as per bill	98,378.24
Total cost of operating the road in 1861 {should be 1860}		$677,180.70
This amount includes all the extraordinary expenses caused by the overflow in October and storm of November, 1860; also the repair damage from the floods of Pearl River and Tangipahoa; also the building of three division houses, near four miles of second track and sidings, and five miles of fencing, which ought properly to be charged to construction of road, leaving the net earnings		$555,433.94
Or 45 per cent. of gross earning, which will compare favorably with any road in the country.
The gross earnings, as shown by the report of the year previous, during eleven months from April 1st, 1859, to February 29th, 1860, were		$999,510.92
The expenditures were		670,065.62
Showing the net earnings of the road during the eleven months ending 29th February, 1860, to have been		$329,445.30