The Lancaster gazette. (Lancaster, Ohio) 1846-1852, 1851-04-03

Inc Eignth Annual Report OF The d.
rectors of the Little Miami Railroad, Er
the year 1850, exhibits the present and
prospective condition Of The road, and
also contains a large amount o. valuable
Information respecting other improve
mems.
This road extends from Cincinnati to
Springfield. Go miles, connecting at Xenia
with a road leading to Columbus and
Cleveland, and at Springfield with the
road leading To Sandusky city. Forty
seven miles Of this road has been re. laid
with a heavy L rail, aud the remaining
portion is to be re.laid without delay.
The gross receipts the past veal ex
hibit an increase Of $50, 29S:42 over the
preceding year. being an increase OF 25
per cent, while the expenses oftranspor.
talon have decreased about the same ra
ito.
The whole number of passengers car.
ried on the road with n the year, was
l44,4S6, and the amount received from
them was S204.5S9:S7; of these. SO, 2se
were through passengers and the amount
paid by persons passing through, to OF
from the Lake. is stated at about 500, 900
or about II halt of the aggregate a
mount received from all passengers.
The greater portion of the earnings d
the road for transportation of freight, be
longs to the class of ~ay freight, the prin
cipal articles being of a domestic pro
duct aud consumption. passing betwee
Cincinnati aud the adjacent country.
The whole receipts for the road fol
1850. are thus stated:
Way Passenger. l02 ,294:93
Through Freight IS, 100000
Through Passengers.---...----.-.- l02 .294:93
Carrying the Mai 8,500:O0
Total ..-..... 4O5, 697:24
If the receipts from through passen
gers and freight were deducted. the gross
earning ofthe road would be S266, Sl2:31
which sum, after deducting the expendi
lures of the year, would pay a six pc
cent. dividend, and leave a surplus o
Sc, 500 This statement shows hat tn,
road would fully sustain itself, and the
capital invested yield a fair revenue
even ifthe existing connections with 9th
er roads were cut off. Still, although tn,
road can be sustained by the product
and industry of the country in which j
is located, and has the permanent ele
ments of independent prosperity. tn,
Company are o insensible Of the grea
value of other railroad connections, an
have made and will continue to max,
them whenever and wherever practice
BILE.
The net earnings of the road las, yea
were $3.50. 76S:66-two dividends of
per cent. each were made during tn,
year, and still leaving a surplus on han,
of $40 1892 90. The total Indebtedness
of the Company is SsS4,6 $40 IL, of whic
$4,000 is permanent loans.-- Gin. Ga2
The above article came to hand yeste,
day evening, and we have barely tim
and Don to direct the attention of tn
reader to it. We consider the facts a
mong the most important we have ye
Published.
What we wish particularly at this tim
to impress upon the minds of our eli
zens, is the large ratio of receipts fror
wdy freight and passengers, and then ca
their attention to what must inevitabl
be the heavy receipts from the sam
source to the Cincinnati and Zanesvill
Railroad, passing as i, does through som
Of the most populous and wealthy cour
ties of Ohio. Scan this article closel
and then calculate results.