Wheeling daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1852-1859, 1856-03-17
n AND on NIIpa"

r. AND .R2NILRoAD.
PRosrKcTs or A RArIAo1Is I1IsTngsD.- The fol-
lowing documents from tue directors, ON the
part Of theeity OF Baltimore, show the basis on,
which rest the expectations ofa dividend from
the Baltimore and Ohio Railroad on the first of
May noxt:
BALTIHoRE, March 10, 1856
,lteobE. Gf0Tc, EAq-, Chairman Of the Com
mittee of Ways and Means of the First Branch
of the City Council of Baltimore
DENE SRI; our note OF the1 inst Is receive.
cd, propounling the following questions:
1st. What IS the amount of the eoInpany's
earning since tho 30thsof September last. and
what has been its expense for the sama periods
I'd What Is the amount OF its floating debt,
and what are its resources for ps yrncnt
sst VIII the company be able out Of its own
resources to pay its interest ON al It's loansI
4th VIII the company be able to pay out of
its earnings after paying Its interest and current
expenses. including maintenance of road and re-
pairs of power and rolling stock, to pay to the
city dividend? If any, how much and when
In reply 10 which we submit the annexed
statement of accounts, from which you may
draw full and complete answers to all the dues-
lions submitted.
& You viii observe that the account covers aperi-
cd in which heavy payments of interest occur,
and IN which also the entire floating debt will
mature aud be paid, leaving cash balance on
hand of 1912, 1885, which will give TO- the
stockholders dividend of 8 per cent, and leave
q balance of SIS, 609,S1.
This statement, brief and concise as we could
well make it, discloses the prospects upon which
yoi, must rely for dividend It should, how
ever, be borne IN mind that two lAonths of this
PERIOD with the fruits thereof are still in the
womb of time and ar,, te1-1i.as 1I IN all
the casualties of the future
The comprny debts paid land its means are
ample for that purpese,) it Will be thcn literally
FREE, and can go on and improve IN usefulness to
the city and be its proudest monument, Us itnow
is its right arm of commercial property aud sue
cess.
We are, respectfully,
Your obedient servants,
John II. Barnes, John Coates,
John ii. L. jerome, Charles ID. links,
J. B. Brinkley, John Henderson,
George w. Herring, S. A. Leaken.
STATEMENT A..
Statementshowing tue revenue of themain stem
of the Baltimore and Ohio Railroad from LIST
October, 1850. to 1st March, 1856, and the
working expenses for the Same period:
Revenue from 1st October, 1866,
to March, 1856. g, 496, 322 IS
Working expenses for the same
period, 91T,351.0O
Net profits, S5Ts,9ol.9s
Showing the liability of the company to the.
Both of April 1856, and an estimate of ex--
penses for March and April, and the revenue
and means of payment
LIABILITIES.
No bonds outstand-
ing. SI6s, O0T.14
Balance of bill pay
able, 155,S96-33
Winan's contract for
locomotive, st,ooooa
Working expenses for
March, (eitmated,l 2ooooooo
Working expenses for
April, Ces6matetl3 2o7,ooo.oo
interest on bonds pay
able in April, 247,12o.1l
Balance of account
with W.7Braneh. 124,9e0-e3
Discount oncity bonds 6,oo0.0n
Contingencies, 100000
$1,l77, 4s4.49
WAYS AND MEANS.
Bonds ofthe city of Bal
tinl1oreop hand, sale, aso.s4
Amount advanced out
of revenue for second
track and tunnels
noted on page . of
theta tannlsl report s,1s1o1
Amt. advanced, since
both Sept. 1855, for
same purpose. 6T,ses.1s
Revenue for the month
ofMareh (estimatetD sso,oOo.oo
Revenue for the month
of April (estilnatetiJ 1876, 100000
Proportion of Washing
ton Branch dues, 9s,ass,ss f
Dividend from W aShing
ton Branch. 100000
Cash in Bank LIST March,
1866, l52.71e.45-
81,4ss, 6ooss
3 s12,17ss7
Treasurer's Office, Baltimore and Ohio Rail-
road company, March 10Th; 1856.
j. i. ATkISsoS, Treasurer.
SECULAR .ArrAln-.A correspondent of the
Shelby tSyE News, writing FROM Clay Village,
shelby county. under date of the 18th inst, re-
latcs the following very singular affair:
A dead child was found concealed under enc
of our mercantile houses. supposed to have been
there some two months, and no knowledge of 1t
had come to light until revealed to man in
dream, % who states that no iutin,aticns of the
fact had ever been madc-to him in any way, nor
by any one. But, sir, through this tnaryelosas re-