Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1852-12-23
WINCHESTER AND korOMAc nAtr-
ROAD.

usual interest, As i SETS forth nor only The az
iAlrs ST the last year. but embraces 4 minute
and explicit description 81 the progress that
ms been made ID ihe condition aud prospects
Of The Road from ls15 10 the present tine
The Report. Published 10 pamphlet form 4, this
oaiee, and extending over thiriy. six pages,
was circulated some Two weeks ago, bal We
were unable 70 refer 70 i. particularly At an
earlier date.
As regards the operations 81 the year ending
the lst q. Qctohef, 1852, The report shows tina:
the gross revenue was $50, ZIG -, being ss,.
100 S. less than that Of Tie year previous. This
dahcienry Is attributable 10 the reduction Of three
cenfsin the barrel the transportation OF -four,
as we'll as uponihe through travel Of passengers.
There were transported over the road 2i6, T06
barrels of -FOUR being al increase of s,266 bbls.
over the number carried during the twelve moths
preceding There were sent through from VIM
chester 10 llafpers Ferry ia2 ,720 barrels. being
1000 more thau were ntfrem and 10 the same
points the year before. Yet, notwithstanding
the increase Of quantity, The actual amount re.
ceived on The exports Of flour from Winchester
i S5lts65 less Than vas received the yea. be.
fore, owing 10 tic reduction on the transporia.
lion. The increase Of quantity i attributed To-
the increased home production, consequent upon
an improved system ofagricnllutc. Tile use Of
guano and plaster is greatly on the incfeaseite
tonnage Of the formt having doubled $4,000
were expended ler4his valuable ieftiIizer al this
place ID tie fall aFhe Railroad ffars every 10.
dacement for Tie tfanspnia:io II guanc, whist
for the last ninc years plaster has BEEN carrie
free Of clargc, a liberal policy that kerf rnte..
ptsing farmers oi the Valley e-nnot fail 10 ap.
precisie.
The loss aud d9..aga account Of Tie year
amounted p si6.97596. Of whiehsum S6 $780,
~ go for damages 10 merchandise caused by
se fleod Of April last, and Sl486 so for The So.
peri0r iron bridge constructed at Harpers Ferry,
rendering a heretofore dangerous place perfect.
" safe and secure. The other damages caused
BY The flood have been repaired if1he most sub.
stantial manner. Tie bridges and treste-wotk
have been reconstructed, aud, in lieu Of wooden
trestles, stone piers have been used. The out.
standing fl)ating debt was SaS, 1913 81 on the Is,
OF November last, or $1o6 90 more than on the
lst 81 October, last year.
In the I'relsurcr's statements, the financial
| condition OF the Company on the 30;h Of Sepem.
Der last, is estimated As follows; Capital stock,
/ SlsoOOo 90; funded debt, due in 1867, $l2o..
I 600 o.; annuity 10 The State, $4,000 0o) pfin-
/ cipal SS3 333 331 floating debt, $33, l9S92 -
| The report Of Mr.. WRIGHT, principal agent,
+ gives al average Of 4r63 cents per mile fur pas
/ senger travel, dividing the total number Of
| through passengers by the total receipts, The
i average fare on The local travel amounts only 10
.. 81 cents per mile. The freight iranspofta.
| ton shows an average Of s. per mile less
/ Than the average charge Of the Virginia rail.
roads, which is 6.i2 per mile. The average
charge, therefore, is as low as on any Of tire
loads Of the State, and IS considerably less
th,n the rates authorized BY law.
\ The most interesting and important part Of
Y this exhibit is that which furnishes he com.
p.ratre financial condition Of he Company
i ifom the Isl Of August, 1915, 10 tie date Of
The report. Without meaning to indulge in
fulsome and idle ealngy, we must say that Tie
facts brought to light BY this examination and
Comparison, reflect tie highest credit upon Mr..
/ CLARK, the able and energetic President
| From 1915 10 this tine, the road has been
steadily and surely improving 10 every respcct.
Not only has The road been thoroughly repaired,
and better engines. cars, and other personally
put il use, but the Company has prosfefed III
Kits finances in degree that could not have
| been contemplated inxtie first instance y b.
most sangnne. Statistical tables are given
COR tie several years that intervene. The iirst
BsaaGqa M ssRaa ss ss.hih q DION NeH 6er n
yestments For some time back. six ppr cent
semi.ahnually, has been declared, interrupled
i e1lv last spring by the increased expenditures
| incident ION the flood, a six per ceat d.vi.
dend FOR a halt yes 7.ccs declared on Tie Isl Of
NOVEMBER iast, notwithstanding tne. scsiaehtai
draw oask q inc spring!
!, ~ nolicins some q 9he hgufes connected @ith
/ ,he comparison aiiuoeu .o we VIII nave 10 be
1'iei ~ .ne lo.h y snfy, 1912, me whoe
ueoe y, 1t.e = company was Sooi ,s4u %. va Tie
~ u last octooer y was $50 90 70, making
o,,ii,,lasioh = 2 iSsS -. = le Geo. o. lso3,
49, = oue = eae ysalioof' Soo so %
= y ei7u u WIS., .te s'a'e ahHuiy y pau
gu si'g 'sVia'i.ael = Pa5aoe ~ TWO years 10
o'',lie
os 'sle ~, slos@ Was 9ouoooo %
lo99 ~ 9isooou. 10 ieaucaie q on il'e aeot
a,'u oap,a s'oe1' .iefe.ofe' = .i1o ~
:. ne uiusa 9 nus y owing 70 me arrangement
en .ra Mn me s..sse.
- hc Fesenue oiiae foaa p 70 - was Sols1Sl
- Iaa1 pot. a. afaWpacks ana commissions
usu W, r. 'nefease iof 1917 I S49 ibl W.
: e paopeaty q ehe company 20 - 10 was val
/ ueu :. Sot,nao %. wow y Wofta so1,32l Il
~ Sot9s az. - ROBE, me fincipaNIs5sineeE
81 Tue baf''hio'e aha ONO haiiroad Company, re-
ported she fodd 20 INC iafe 70 Oe SO delec
I'VE rs so oe uneqaai % me amount ot@tra
carried over Y ne iast COMMITTEE appoinitd
70 examine me cohalien. say, u their report,
MAJ lhey aid not sec "a sinse detect nihe road
si,ilef ~ ~ foa g - unuef sttne'uae IN
1870, lne t'oftsmea.h ara ROANOKE haliroad was
soa OUT, oy aet o. the Legislature, Tor II deois,
whist az arrangement was eliscicd ~ which Inc
winchester ana Potomac Company was enabled
10 continue ID existence, AM now Inc road y
1 upon as prosperous .OOttnr that oil road