Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1853-11-26


mands unon the same for interest and other charges
which are nTirnury lien upon the net earnings for
said periods the sinking fund to redeem the debts,
kipe The precedence and Tasl the dividends
which, mus ia provided for out of, an balance
The table tther shows that Ethe completion
al IN road Ia WReeihp he Stockholders may con-
Is5tly exiSect reg1laf dividends which must de
nt6,i 81, amounts tion Inc reoeipts of the rood
The ables further how that the receipts OF the
foad, romsl535 Wien It was opened ~ Harpers-
Ferry iacfease8 during the next years iron the sum
of S26S 1858. 10 to the sum of S576s235.u8 in tS43
when it was opened to Cumberland, aud from S43
TO 1853, when it was opened TO Wheeling period
ofteny they increased from theSum I-s'
235 Os 10 So O33. 4I9.S0 equal to -1ptI cent per
annnr 6fther that The receipts off the last
SIX months, prior 10. the lst October, exceeded
those of The preceding six months by about 80 per
cent. ~ ff,f}
Looking then TO the past history Of the road, as
fact that the trade during the periods just noticed
has BEEN chiefly Of a local Cha kaeter requiring
time to deVeloPit and toadaptt the conye tence OF
the iefent long The line 70 the laclllJ
ties afforded byit ssemst be but little doubt
tsal the increase for the next ten yeaIslwllhe IN
the sdpie ratio. istH 9tti,i4l g. H.. 3 e.
And the statement last referred 10 sEogs 1nl
that whilst during the inst eight years, from 1850
to 1843,the receipts neatly doubledS-ln Tue last
eleven and yeeFs, they 1eqrly led
aud this, too under circumstances, as your com
mitee believe, not SO favorable Tor GREATER ratlo
of increase as the future seems TO promise. Leave
Ing out Of view forthe present tne Y9sl accession
OF rade and travel upon the road attsE the COM
Pletion OF the North western fNlEglln97 anu tue
Oonnel sville roads, which we nope VIII olhg 10
the Ohio road some trade during the next woo
three years, as they progEeS towards couPle't9nI
we assume for the sake OF the argument mat tue
present terminus of the load at w heeing, VIII De
likely TO attract hereafter from the ONO RIVER ana
from the interiot Of the State oyer the Sehqai
Ohio Road Nv the commits are Iniotmea VIII
| connect with the baltimore and OHIO hoad at
Wheeling some niue during the year lSo4sl as much
increase oftade over and above 3hat ollerea since
the 1stot ARutdqstS pt thab place taAihg u az T.,
unit % GumbeIland has done any rs pkeety 70 90
over that ohefeJ at hllst tne toau
PedtheTes w think therei0Ls that lle lhiele ice
fair one, that the Trade anu ndyetoyeL tns en-
tire road may hetsatter be s1peeted TO lncrease ag
ele same Eate per annnm osl mas o0llsleuttus Jug
IasEeleVen years. we nave lheEetOtc PAsPots@
the following tables n 5.sfT' ytFqs, .
Another tabular CONES ~
was not IutiY completed py the .1l lpss
evening but u does not naGetaiy slisSt tns suO5
stance oil the hep9LthPs: u lv
Wpen we eonsleet tlla! Inv 10 siHt
said statement nave Deeh lnnuthcse FslS lLiia'pi
ably blythe embarrassed condluoh OF me nnanSes
oil the company LOT consllsraDle tlle puSti lleit
lnaglilty irofn tnis cause 1hu "
holeMt Rolling EoTer To inc ueae as
fast as 1t was oheTedi the Necessity ot employing,
tue existing machinery TO disadyantass, IN coh
sequence OF pT5fwant OF anouple TACK Tue ueCs
existing actually to- dSeonraeeathe lstpeh in
crease OF the coal trade, which, unuet ptsSgns gu
cumslances, intsEleIes so much ana SO SERIOUSLY
with the more profitable general lEaae, we INNS IN
that butfor all Of these cruises Of compliant; HE
receipts OF the road Tor The time statean
Il would have been very iI NJ
there would not have been any Necessity ~
TO the city oil Baltimore tpr osslstance. Mhsh we
consider iurtheL thai The argument uLawn yHoH q
icompaEISon between Wheeling aud ShmDeEiahu'